CHAPTER 3 HW SOLUTIONS 3.2 (a) (b) Mean = 7 Median = 7 Mode = 7 Range = 9 Variance = 10.8 Interquartile range = 5 Standard deviation = 3.286 Coefficient of variation = (3.286/7)•100% = 46.94% Z scores: 0, -0.913, 0.609, 0, -1.217, 1.522 None of the Z scores is larger than 3.0 or smaller than -3.0. There is no outlier. Since the mean equals the median, the distribution is symmetrical. (c) (d) 3.6 (a) (b) Grade X Grade Y Mean 575 575.4 Median 575 575 Standard deviation 6.4 2.1 If quality is measured by the average inner diameter, Grade X tires provide slightly better quality because X’s mean and median are both equal to the expected value, 575 mm. If, however, quality is measured by consistency, Grade Y provides better quality because, even though Y’s mean is only slightly larger than the mean for Grade X, Y’s standard deviation is much smaller. The range in values for Grade Y is 5 mm compared to the range in values for Grade X which is 16 mm. (c) Mean Grade X 575 Grade Y, Altered 577.4 Median 575 575 Standard deviation 6.4 6.1 In the event the fifth Y tire measures 588 mm rather than 578 mm, Y’s average inner diameter becomes 577.4 mm, which is larger than X’s average inner diameter, and Y’s standard deviation swells from 2.07 mm to 6.11 mm. In this case, X’s tires are providing better quality in terms of the average inner diameter with only slightly more variation among the tires than Y’s. 3.10 Excel output: Product Calories Dunkin’ Donuts Iced Mocha Swirl latte (whole milk) Starbucks Coffee Frappuccino blended coffee Dunkin’ Donuts Coffee Coolatta (cream) Starbucks Iced Coffee Mocha Expresso (whole milk and whipped cream) Starbucks Mocha Frappuccino blended coffee (whipped cream) Starbucks Chocolate Brownie Frappuccino blended coffee (whipped cream) Starbucks Chocolate Frappuccino Blended Crème (whipped cream) (a) Calories: mean = 380 median = 350 Fat 240 Calories Fat Z Z Score Score 8 -1.24 -1.07 260 3.5 -1.06 -1.69 350 350 22 20 -0.27 -0.27 0.86 0.58 420 16 0.35 0.03 510 22 1.15 0.86 530 19 1.33 0.44 1st quartile = 260 3rd quartile = 510 (b) (c) (d) 3.56 Fat: mean = 15.8 median = 19 1st quartile = 8 3rd quartile = 22 Calories: variance = 12800 standard deviation = 113.1 range = 290 interquartile range = 250 CV = 29.77% None of the Z scores are less than -3 or greater than 3. There is no outlier in calories. Fat: variance = 52.82 standard deviation = 7.3 range = 18.5 Interquartile range = 14 CV = 46.04% None of the Z scores are less than -3 or greater than 3. There is no outlier in fat. Calories are slightly right-skewed while fat is slightly left-skewed. The mean calories is 380 while the middle ranked calorie is 350. The average scatter of calories around the mean is 113.14. 50% of the calories are scattered over 250 while the difference between the highest and the lowest calories is 290. The mean fat is 15.79 grams while the middle ranked fat is 19 grams. The average scatter of fat around the mean is 7.27 grams. 50% of the fat is scattered over 14 grams while the difference between the highest and the lowest fat is 18.5 grams. mean = 43.89 median = 45 1st quartile = 18 3rd quartile = 63 range = 76 interquartile range = 45 variance = 639.2564 standard deviation = 25.28 coefficient of variation = 57.61% (a) (b) (c) Box-and-whisker Plot Time 10 50 70 90 The distribution is skewed to the right because there are a few policies that require an exceptionally long period to be approved even though the mean is smaller than the median. The mean approval process takes 43.89 days with 50% of the policies being approved in less than 45 days. 50% of the applications are approved between 18 and 63 days. About 67% of the applications are approved between 18.6 to 69.2 days. (d) 3.60 30 (a), (b) Mean Median Standard Deviation Sample Variance Range First Quartile Third Quartile Time Office I Office II 2.214 2.012 1.54 1.505 1.7180 1.8917 2.9517 3.5786 5.8 7.47 0.93 0.6 3.93 3.75 Interquartile Range Coefficient of Variation 3 77.60% 3.15 94.04% (c) Box-and-whisker Plot Time (Office II) Time (Office I) 0 (d) 3.62 2 4 6 8 Times to clear problems at both central offices are right-skewed. Times to clear problems for Office I are less dispersed about the mean than times to clear problems for Office II, even though the mean for Office I times is higher (2.214) than that for Office II (2.012). (a), (b) Excel output: In-State Tuition/Fees Mean Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum Count First Quartile Third Quartile Interquartile Range Coefficient of Variation 6841.815534 6340 7062 2212.221516 4893924.034 4.295740452 1.350377978 14466 3094 17560 704707 103 5378 8143 2765 32.33% Out-of State Tuition/Fees 17167.71 16340 14901 4274.009 18267150 -0.33509 0.524429 20007 8965 28972 1768274 103 13928 20134 6206 24.90% 3.62 cont. (c) Box-and-whisker Plot Out-of State Tuition/Fees In-State Tuition/Fees 3000 8000 13000 18000 23000 28000 Both in-state and out-of-state tuition and fees are right skewed. cov X , Y 0.4911 S X SY (d) r (e) Both in-state and out-of-state tuition and fees are right skewed due to the outliers in the right tails. There is a moderate positive linear relationship between in-state and out-of-state tuition and fees. Those schools with a high in-state tuition and fees tend to also have a high out-of-state tuition and fees. 3.68 (a), (b) Excel output: Average Fan Cost Regular Local TV, Other Player National Income Ticket$ Index season gate radio and Local compensation and other from receipts cable Operating and benefits local Baseball ($millions) ($millions) Revenue Expenses Operations Minimum 6.61 84.89 6.4 0.5 2.8 30.5 35 -52.9 First 15.2 124.25 30.2 10.9 13.9 49.4 46.9 -18.5 Quartile Median 17.83 143.475 47.55 16.35 29.05 70.8 50.5 -8.35 Third 20.84 160.76 62.1 23.6 37 92.8 58.5 1.9 Quartile Maximum 39.68 228.73 98 56.8 61.5 118.5 84.2 40.9 Mean 18.1333 144.5737 46.1367 19.0467 27.5933 71.3567 54.6467 -8.3733 Variance 35.9797 843.4552 512.5445 151.0184 234.6186 663.8405 176.4081 428.1531 Standard 5.9983 29.0423 22.6394 12.2890 15.3173 25.7651 13.2819 20.6919 Dev Range 33.07 143.84 91.60 56.30 58.70 88.00 49.20 93.80 Interquartile 5.64 36.51 31.90 12.70 23.10 43.40 11.60 20.40 Range Coefficient 33.08% 20.09% 49.07% 64.52% 55.51% 36.11% 24.30% -247.12% of Variation (c) Box-and-whisker Plot Income from Baseball Operations National and other local Expenses Player compensation and benefits Other Local Operating Revenue Local TV, radio and cable ($millions) Regular season gate receipts ($millions) Fan Cost Index Average Ticket$ -60 (d) -10 40 90 140 190 Average ticket prices, local TV, radio and cable receipts, national and other local expenses are skewed to the right; fan cost index is slightly skewed to the right; all other variables are pretty symmetrical. r = 0.3985. There is a moderate positive linear relationship between the number of wins and player compensation and benefits. 240 3.72 Excel output: Mean Median Mode Standard Deviation Sample Variance Range Minimum (a) (b) 7.5273 7.263 7.649 1.631227 2.660901 7.416 5.469 Maximum Sum Count First Quartile Third Quartile Interquartile Range Coefficient of Variation 12.885 376.365 50 6.353 8.248 1.895 21.67% mean = 7.5273, median = 7.263, first quartile = 6.353, third quartile = 8.248 range = 7.416, interquartile range = 1.895, variance = 2.6609, standard deviation = 1.6312, coefficient of variation = 21.67% (c) Box-and-whisker Plot Spending 0 2 (d) 4 6 8 10 12 14 The data are skewed to the right. The per capita spending by the 50 states are right skewed because a few states spend a lot more than the rest.